Identify How Each of the Following Items Is Shown on the Statement

question 127

Essay

Identify how each of the following items is shown on the statement of cash flows.Identify each as operating (O),investing (I),financing (F),or non-cash investing and financing (N).
$$\begin{array} { | l | l | } \hline \text { Item } & ( \mathrm { O } ) , ( \mathbf { I } ) , ( \mathrm { F } ) , ( \mathrm { N } ) \\\hline \text { Cash payment for salaries } & \\\hline \text { Purchase of equipment in } & \\\text { exchange for notes payable } & \\\hline \text { Cash receipts for the sale of } & \\\text { equipment } & \\\hline\end{array}$$

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Definitions:

Responsibility To Others

The obligation to act in the best interest of other people or to take care of someone else.

Broad Principles

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